BALY vs. PLNT
BALY (Bally's Corporation) and PLNT (Planet Fitness, Inc.) are both stocks. Both are in the Consumer Cyclical sector — BALY in Resorts & Casinos, PLNT in Leisure. Over the past 5 years, BALY returned -22.32%/yr vs -5.76%/yr for PLNT. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
BALY vs. PLNT - Performance Comparison
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Returns By Period
In the year-to-date period, BALY achieves a -15.68% return, which is significantly higher than PLNT's -48.46% return.
BALY
- 1D
- -2.66%
- 1M
- -5.24%
- 6M
- -8.84%
- YTD
- -15.68%
- 1Y
- 50.92%
- 3Y*
- -4.37%
- 5Y*
- -22.32%
- 10Y*
- —
- ALL TIME*
- -9.36%
PLNT
- 1D
- -0.13%
- 1M
- 4.60%
- 6M
- -38.59%
- YTD
- -48.46%
- 1Y
- -48.04%
- 3Y*
- -6.03%
- 5Y*
- -5.76%
- 10Y*
- 12.24%
- ALL TIME*
- 14.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $640.21K | $729.08K | $776.00K | |
| $108.06M | $92.30M | $130.27M |
BALY vs. PLNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BALY Bally's Corporation | -15.68% | -7.66% | 28.34% | -28.07% | -49.08% | -24.23% | 96.61% | -10.85% |
PLNT Planet Fitness, Inc. | -48.46% | 9.71% | 35.44% | -7.36% | -13.01% | 16.68% | 3.95% | 9.82% |
Correlation
The correlation between BALY and PLNT is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2019 | 0.31 |
The correlation between BALY and PLNT shifts across timeframes, from 0.21 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BALY:
$681.86M
PLNT:
$4.44B
BALY:
-$13.98
PLNT:
$2.78
BALY:
0.30
PLNT:
3.33
BALY:
$2.82B
PLNT:
$1.38B
BALY:
$889.15M
PLNT:
$749.98M
BALY:
$83.05M
PLNT:
$526.17M
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Return for Risk
BALY vs. PLNT — Risk / Return Rank
BALY
PLNT
BALY vs. PLNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bally's Corporation (BALY) and Planet Fitness, Inc. (PLNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BALY | PLNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.83 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.77 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | -0.81 | +1.78 |
| Martin ratioReturn relative to average drawdown | 2.04 | -1.56 | +3.60 |
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Drawdowns
BALY vs. PLNT - Drawdown Comparison
The maximum BALY drawdown since its inception was -89.45%, which is greater than PLNT's maximum drawdown of -68.72%. Use the drawdown chart below to compare losses from any high point for BALY and PLNT.
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Drawdown Indicators
| BALY | PLNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.45% | -68.72% | -20.73% |
Max Drawdown (1Y)Largest decline over 1 year | -51.64% | -60.69% | +9.05% |
Max Drawdown (3Y)Largest decline over 3 years | -53.19% | -61.24% | +8.05% |
Max Drawdown (5Y)Largest decline over 5 years | -85.56% | -61.24% | -24.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.72% | — |
Current DrawdownCurrent decline from peak | -81.08% | -50.76% | -30.32% |
Average DrawdownAverage peak-to-trough decline | -57.54% | -15.66% | -41.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.63% | 31.21% | -6.58% |
Volatility
BALY vs. PLNT - Volatility Comparison
Bally's Corporation (BALY) has a higher volatility of 19.82% compared to Planet Fitness, Inc. (PLNT) at 8.26%. This indicates that BALY's price experiences larger fluctuations and is considered to be riskier than PLNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BALY | PLNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.82% | 8.26% | +11.56% |
Volatility (6M)Calculated over the trailing 6-month period | 46.09% | 45.07% | +1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.08% | 45.80% | +20.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.48% | 38.74% | +27.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.65% | 43.61% | +25.04% |
Dividends
BALY vs. PLNT - Dividend Comparison
Neither BALY nor PLNT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BALY Bally's Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.78% | 0.00% | 0.00% | 0.00% |
PLNT Planet Fitness, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.83% |
Financials
BALY vs. PLNT - Financials Comparison
This section allows you to compare key financial metrics between Bally's Corporation and Planet Fitness, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BALY vs. PLNT - Profitability Comparison
BALY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bally's Corporation reported a gross profit of 0.00 and revenue of 755.72M. Therefore, the gross margin over that period was 0.0%.
PLNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Planet Fitness, Inc. reported a gross profit of 291.90M and revenue of 337.24M. Therefore, the gross margin over that period was 86.6%.
BALY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bally's Corporation reported an operating income of 91.61M and revenue of 755.72M, resulting in an operating margin of 12.1%.
PLNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Planet Fitness, Inc. reported an operating income of 98.67M and revenue of 337.24M, resulting in an operating margin of 29.3%.
BALY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bally's Corporation reported a net income of -161.91M and revenue of 755.72M, resulting in a net margin of -21.4%.
PLNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Planet Fitness, Inc. reported a net income of 51.55M and revenue of 337.24M, resulting in a net margin of 15.3%.
Frequently Asked Questions
BALY and PLNT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BALY has higher volatility (19.82%) compared to PLNT (8.26%). In terms of maximum drawdown, BALY dropped -89.45% vs PLNT's -68.72%.
BALY currently has the higher Sharpe Ratio (0.76 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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